Home >  Term: salvage value
salvage value

The amount received for property retired, less any expenses incurred in connection with the sale or in preparing the property for sale; or, if retained, the amount at which the material recoverable is chargeable to Materials and Supplies, or other appropriate account.

0 0

Looja

  • JJD
  •  (Gold) 2369 points
  • 100% positive feedback
© 2024 CSOFT International, Ltd.